KAREX BERHAD

KLSE (MYR): KAREX (5247)

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Last Price

0.915

Today's Change

+0.005 (0.55%)

Day's Change

0.885 - 0.92

Trading Volume

3,607,500


32 people like this.

11,896 comment(s). Last comment by fruitcake 2 days ago

i_investor

934 posts

Posted by i_investor > 2020-01-30 16:43 | Report Abuse

IT IS CHEAP ENTRANCE CONDOM START-UP FOR TOP GLOVE TO BUY UP KAREX NOW.....

RECAP: https://www.nst.com.my/business/2017/06/250725/top-glove-diversify-condom-manufacturing-penetrate-market-2018

OrlandoOil

4,909 posts

Posted by OrlandoOil > 2020-01-30 17:08 | Report Abuse

Prices of latex wil sky rocket due to high rubber glove demand but condom demand n selling price not goin up like rubber glove

Cost jump selling price remains

Pathetic fallacy

i_investor

934 posts

Posted by i_investor > 2020-01-30 17:46 | Report Abuse

[RECAP] : https://klse.i3investor.com/blogs/AmInvestResearch/2019-04-12-story202061-Top_Glove_Corp_Expanding_condom_business.jsp


Executive chairman Tan Sri Lim Wee Chai said the move towards condoms is part of Top Glove's initiative to rise up the rubber value chain.

"(Condom manufacturing is) a good business to go into, because in terms of price-to-earnings valuations, it's quite high. The profit margin is much higher than glove manufacturing," Lim said.

[RECAP] : https://www.nst.com.my/business/2017/06/250725/top-glove-diversify-condom-manufacturing-penetrate-market-2018

It will be better to let Top Glove take over KAREX !

https://finance.yahoo.com/news/global-condom-market-expected-grow-181500691.html

Superb99

6,603 posts

Posted by Superb99 > 2020-01-30 21:01 | Report Abuse

Karex's management does not know how to do business, keeps losing money

i_investor

934 posts

Posted by i_investor > 2020-01-31 14:35 | Report Abuse

Good, let's see how low they can push down the stock price.

Cupcakes69

611 posts

Posted by Cupcakes69 > 2020-01-31 15:57 | Report Abuse

@i_investor

Top Glove will not be able to takeover even if they wanted to. They would need to buy least 51% shareholding which is not an easy task (if even possible) considering the Goh Family already owns over 40%, and this stock is already thinly traded. In other words, the logistics makes it impossible for a takeover.

i_investor

934 posts

Posted by i_investor > 2020-01-31 16:11 | Report Abuse

Cupcakes69, haha, please explain to AmInvest & The Edge, no need to explain to me. Further more, in Bursa Malaysia, everything is possible, Just Look at how SPSETIA (1 of many examples) was taken over if you are not newbies in our stock market

[RECAP]: https://klse.i3investor.com/blogs/AmInvestResearch/2019-04-12-story202061-Top_Glove_Corp_Expanding_condom_business.jsp

Superb99

6,603 posts

Posted by Superb99 > 2020-01-31 16:17 | Report Abuse

if Karex able to show good result in 4q 2019 then still got hope, biggest manufacturer for condom but made losses...

i_investor

934 posts

Posted by i_investor > 2020-01-31 16:29 | Report Abuse

hahaha, then you are very green in business world & stock market. That's all.

i_investor

934 posts

Posted by i_investor > 2020-01-31 16:42 | Report Abuse

Anyway, you are not obliged to explain to me further. Hahaha, you can just explain to the experts in AmInvest or The Edge.

[RECAP]: https://klse.i3investor.com/blogs/AmInvestResearch/2019-04-12-story202061-Top_Glove_Corp_Expanding_condom_business.jsp

Cupcakes69

611 posts

Posted by Cupcakes69 > 2020-01-31 18:26 | Report Abuse

@i_investor

In SPSETIA case, PNB (the acquirer) was already the biggest shareholder with about 33.17% shareholding. Not to mention that PNB, being one of the largest fund management companies in Malaysia with asset under management in the hundreds of billions of ringgit) has a lot more capital to make acquisitions. PNB also can easily achieve more than 50% of voting shares of SPSETIA if they are able to buy shares from Employees Provident Fund (13.42%) stake and Kumpulan Wang Persaraan (5%). Both companies under the MoF.

Top Glove, however, is not even the top 10 shareholders of Karex, assuming they have any shares at all. Thus, assuming they even have the money to spare, to buy over 51% of shares where its founders own more than 40% is just implausible. And when it comes to stocks, it is wiser to consider the odds involved and not rely on a belief that everything is possible.

Also, it is possible you’ve misunderstood the reports from the Edge and AmInvest. AmInvest only reported the implication of a takeover by Top Glove, and not confirming it. And The Edge only reported a rumour of Karex being a possible takeover target by TopGlove. Again, it never confirmed it. The Edge even reported that a spokesman from Karex stated that the Goh Family had no intention of divesting. When contacted, Top Glove managing director Datuk Lee Kim Meow brushed off the rumours.

i_investor

934 posts

Posted by i_investor > 2020-01-31 22:03 | Report Abuse

@Cupcakes69,

In SPSETIA , you don't even know the hostile take over episode, I pity you! Pls go check around in the industry, then you know! I really pity you !

As such, I guess you don't even really know much about Robert Kouk business experience, otherwise you would not be so "......."(haha, u fill the blank)" , young man, I really pity you again!

TROP was tightly controlled by Vincent Tan brothers & family, but eventually Top Glove boss managed to penetrate in and capture a major share! You are really really just use figures to talk cock without actual industry knowledge & experience , I pity you again !

I did not say any "CONFIRMED" over the reports from the Edge and AmInvest, right from beginning, I did not. But It is you youself assumed it is confirmed ! Haha, What a joker like you, I really admire you and pity you !


That's why earlier I did mention that SPSETIA is just 1 of many examples, and also I did mention again please do not explain to me further, I do not want to waste your time and my time !
Young man, It seems like your reading skills and comprehension is really bad that failed to read between the lines!

Please stop over here, no point to waste time further, I tried to be gentle to you, otherwise I won't reply to you at all ! So please forgive me for not replying you further! Thanks.

Cupcakes69

611 posts

Posted by Cupcakes69 > 2020-02-01 02:20 | Report Abuse

@i_investor

Forgive me, but are you old enough to even be in this forum. Your temperament reminds me of a 10 year old who couldn't handle having someone disagree with them. Looking at my previous comments, it's hard to see how I've patronized you the same may you have patronized me and other people in this forum. So it is really a wonder what have gotten your knickers in a twist.

I do know of the takeover episode of SPSetia, and the circumstances that enabled that takeover to happen does not exist in TopGlove and Karex case. If you don't see that then perhaps you should reflect on your industry knowledge because it's highly likely that you are overestimating your ability.

"SPSETIA is just 1 of many examples" - It wasn't even an example to begin with. You have given non.

And Lim Wee Chai bought just 10.6% of TROP. And he was only able to buy it straight from Tan Sri Danny Tan Chee Sing and his related companies. If he tried to buy it from the open market, it would not have been possible (or at least easy). It wasn't even a take over.


-----------------------------------------------------

"I did not say any "CONFIRMED" over the reports from the Edge and AmInvest, right from beginning, I did not. But It is you youself assumed it is confirmed ! "

You should know that you are just embarrassing yourself, you posted link to NST, The Edge, Aminvest talking about the takeover of Karex by Top glove not just in this page, but also in Top Glove's page. And when I first pointed out how the takeover cannot happen, you pointed to Aminvest and The Edge as "experts". You clearly had full confidence in their articles to confirm your belief that Karex can be taken over by Top Glove. Any reasonable person would have concluded the same of your behaviour. There's nothing between the lines, it is plain obvious you have misunderstood them.

Unless you can clearly explain how I'm wrong, don't expect anyone to take your words seriously. Any decent person knows that a strong argument requires that person to present the logic and evidences used to arrived to his/her conclusion. Making fun of factual figures and calling someone talking 'cock' does not make your argument more compelling. Learn to argue like a mature person. Maybe read up more on Robert Kuok while you're at it, you clearly need it.

Superb99

6,603 posts

Posted by Superb99 > 2020-02-03 10:14 | Report Abuse

not sure what happened to this company, its price gap down twice and keep dropping without support....poor result coming?

MamakKutty

288 posts

Posted by MamakKutty > 2020-02-03 11:16 | Report Abuse

with the coronavirus now, no ppl dare to F around.

leeling

101 posts

Posted by leeling > 2020-02-03 15:59 | Report Abuse

use condom to beware spread wuhan virus

GooShem

1,330 posts

Posted by GooShem > 2020-02-10 22:39 | Report Abuse

please. ten guys nine will not use.

Posted by kiasu_trader > 2020-02-11 09:29 | Report Abuse

price stable, next technical TP gonna be 0.520. Let's Whack

Posted by kiasu_trader > 2020-02-12 09:24 | Report Abuse

thats the reason why they goreng up before QR release

shpg22

2,984 posts

Posted by shpg22 > 2020-02-12 23:06 | Report Abuse

Singapok citizen is using condom to protect their finger while pressing lift button. Karex condom sales will up by this strong demand

sensonic

690 posts

Posted by sensonic > 2020-02-12 23:07 | Report Abuse

BANYAK ORANG MAIN SAHAM SAMPAI GILA LIAO

Superb99

6,603 posts

Posted by Superb99 > 2020-02-17 11:33 | Report Abuse

this condom counter is another weak one

Posted by EatCoconutCanWin > 2020-02-17 19:44 | Report Abuse

Buy in as Singapore now shortage of condom at gaylang. Production begin to hire foreign workers and operation to double as coronavirus .

Posted by EatCoconutCanWin > 2020-02-17 19:46 | Report Abuse

Lazada n shopee slowing down in delivering order for condom from china. Is time karex start 东山再起

i_investor

934 posts

Posted by i_investor > 2020-02-22 18:31 | Report Abuse

Sagami Manufacturers Sdn Bhd (a Japanese condom manufacturer) will invest another RM101 million to add a new production plant in Bemban Industrial Area in Batu Gajah, Perak by April 2020.

Perak Investment, Industrial and Regional Development Committee chairman Mohammad Nizar Jamaluddin said the construction of a new plant was to meet the high demand for its products, especially from Japan, China and Europe. The new plant would spur economic activities in Perak and create about 600 jobs for locals.

Sagami Manufacturers began investing in Perak in 1973, exporting to more than 60 countries.
The company has three production plants in Perak - one in Silibin and two in Batu Gajah.

Posted by EatCoconutCanWin > 2020-02-25 17:31 | Report Abuse

yes.holland again

shpg22

2,984 posts

Posted by shpg22 > 2020-02-25 17:55 | Report Abuse

Kondom picah again. Downgrade to 0.35

Superb99

6,603 posts

Posted by Superb99 > 2020-02-26 10:14 | Report Abuse

so difficult for condom business to earn money nowadays or the management does not know how to handle their business? largest condom producer but only made 100k plus income, ridiculous....

shpg22

2,984 posts

Posted by shpg22 > 2020-02-26 16:25 | Report Abuse

Nowaday youngster dont like to wear. Just pancut and think later. Got papa mama backup, no problem.

grateful

49 posts

Posted by grateful > 2020-02-27 22:02 | Report Abuse

Japanese Company Launches Condoms With Traditional Art Designs for 2020 Tokyo Olympics

Superb99

6,603 posts

Posted by Superb99 > 2020-03-04 16:52 | Report Abuse

what the hell this company is doing? klse up 11 pts but it drops 0.5 cent....

SWT1988

1,347 posts

Posted by SWT1988 > 2020-03-06 20:27 | Report Abuse

Pump n dump?

SWT1988

1,347 posts

Posted by SWT1988 > 2020-03-09 12:15 | Report Abuse

Wah, still steady above 0.40. Who want to buy this stock, since there r so many better stocks at super discount.

shpg22

2,984 posts

Posted by shpg22 > 2020-03-10 15:53 | Report Abuse

Hopeless..downgrade further to 0.25

Posted by Investsucess Trader > 2020-03-21 17:23 | Report Abuse

The sales of condoms will improves due to the lock down in every countries. All husband and wives are lock in the bedroom the whole day and has more time to make love than working days.Day and night can double.

Posted by onlyhuat888 > 2020-03-22 17:30 | Report Abuse

now everybody no working stay at home damn boring will make more bed exercise...

Posted by Investsucess Trader > 2020-03-22 19:47 | Report Abuse

Sales keep increasing wordwide due to the lockdown in bedroom. A good bet for condoms maker,

mf

29,190 posts

Posted by mf > 2020-03-23 15:44 | Report Abuse

warning dow jones black monday tonight

Posted by Investsucess Trader > 2020-03-23 19:25 | Report Abuse

Should be able to get get 0.28 tomorrow, but sales improving due to worldwide lock down in bedrooms.

Posted by Investsucess Trader > 2020-03-24 09:47 | Report Abuse

Sales keeps improving due to world wide lock down in bedrooms.

Posted by Investsucess Trader > 2020-03-25 21:55 | Report Abuse

Why nobody interested in condoms?? Many are using but shy to buy,

Posted by Investsucess Trader > 2020-03-26 11:17 | Report Abuse

safe investment, condoms protects you and your savings, Everyone needs it, when you are dating, married,straying......

Posted by Investsucess Trader > 2020-03-26 19:50 | Report Abuse

Not only Night times think of condoms,Invest in day times, use at night times.

mf

29,190 posts

Posted by mf > 2020-03-26 19:54 | Report Abuse

Dow futures fall 300 points as traders brace for an expected record surge in jobless claims

Kohcl8

36 posts

Posted by Kohcl8 > 2020-03-27 20:44 | Report Abuse

Global shortage due to shutdown of factory. Go karex

Posted by Investsucess Trader > 2020-03-27 20:47 | Report Abuse

Karex condoms protects you from covid

Posted by Investsucess Trader > 2020-03-29 16:40 | Report Abuse

Karex condoms sales surged due to worldwide lock down. Temporary ran out of stock due to lock down in bedroom everyday

Posted by Investsucess Trader > 2020-03-29 20:35 | Report Abuse

For your own safety pls put on your safety cap during the MCO .

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